Crypto investor Bitmama is asked to be sentenced

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Valeria Fedyakina offered investors investments in cryptocurrency with the promise of high returns, but in fact appropriated these funds MOSCOW, May 22. /TASS/. During the debate of the parties, a representative of the state prosecution asked to sentence Valeria Fedyakina, known as Bitmama, accused of fraud, to 10 years in prison, a TASS correspondent reports from the courtroom of the Presnensky Court of Moscow. "I ask the court to find Fedyakina V.S. guilty under Part 4 of Article 159 of the Criminal Code of the Russian Federation (fraud on an especially large scale) and sentence her to 10 years of imprisonment in a general regime penal colony for a total of four episodes," the prosecutor said. According to the case materials, Fedyakina offered investors investments in cryptocurrency with the promise of high returns, but in fact appropriated these funds. The damage from her actions is estimated at 2.2 billion rubles. To possibly pay off the damage, the court has frozen the defendant's accounts and assets. She does not admit guilt. The criminal case against Bitmama was initiated based on a statement from her business partner Galik Gulakyan. While in the pretrial detention center, she gave birth to a daughter, who is in the detention center with her.